The jackpot for the Powerball draw on Wed Nov 4, 2026, is projected to be $835 Million, with an option for a cash payout of $357.9 Million. Should you be the lucky winner of the Powerball jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For North Dakota residents, the state will deduct 2.9% from your lottery earnings.
| North Dakota Powerball Jackpot/Cash Option for Wed Nov 4, 2026 |
|---|
| Draw Date | Wed Nov 4, 2026 | | Projected Jackpot | $835,000,000 | | Cash Value | $357,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $357,900,000 | | Federal Tax(24%) | $85,896,000 | | Additional Federal Tax | $46,487,330 | | State Tax(2.9%) | $10,379,100 | | Net Lumpsum Payment | $215,137,570 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$12,567,585 |
$4,610,337 $364,460 |
$7,592,788 |
| 2 |
$13,196,340 |
$4,842,976 $382,694 |
$7,970,670 |
| 3 |
$13,855,990 |
$5,087,047 $401,824 |
$8,367,119 |
| 4 |
$14,549,040 |
$5,343,475 $421,922 |
$8,783,643 |
| 5 |
$15,276,325 |
$5,612,571 $443,013 |
$9,220,741 |
| 6 |
$16,040,350 |
$5,895,260 $465,170 |
$9,679,920 |
| 7 |
$16,841,950 |
$6,191,852 $488,417 |
$10,161,681 |
| 8 |
$17,684,465 |
$6,503,582 $512,849 |
$10,668,034 |
| 9 |
$18,568,730 |
$6,830,760 $538,493 |
$11,199,477 |
| 10 |
$19,497,250 |
$7,174,313 $565,420 |
$11,757,517 |
| 11 |
$20,471,695 |
$7,534,858 $593,679 |
$12,343,158 |
| 12 |
$21,495,405 |
$7,913,630 $623,367 |
$12,958,408 |
| 13 |
$22,570,050 |
$8,311,249 $654,531 |
$13,604,270 |
| 14 |
$23,698,970 |
$8,728,949 $687,270 |
$14,282,751 |
| 15 |
$24,883,835 |
$9,167,349 $721,631 |
$14,994,855 |
| 16 |
$26,127,985 |
$9,627,685 $757,712 |
$15,742,588 |
| 17 |
$27,433,925 |
$10,110,883 $795,584 |
$16,527,458 |
| 18 |
$28,805,830 |
$10,618,487 $835,369 |
$17,351,974 |
| 19 |
$30,246,205 |
$11,151,426 $877,140 |
$18,217,639 |
| 20 |
$31,758,390 |
$11,710,935 $920,993 |
$19,126,462 |
| 21 |
$33,346,560 |
$12,298,558 $967,050 |
$20,080,952 |
| 22 |
$35,014,055 |
$12,915,531 $1,015,408 |
$21,083,116 |
| 23 |
$36,764,215 |
$13,563,090 $1,066,162 |
$22,134,963 |
| 24 |
$38,602,885 |
$14,243,398 $1,119,484 |
$23,240,003 |
| 25 |
$40,532,570 |
$14,957,381 $1,175,445 |
$24,399,744 |
| 26 |
$42,559,950 |
$15,707,512 $1,234,239 |
$25,618,199 |
| 27 |
$44,687,530 |
$16,494,716 $1,295,938 |
$26,896,876 |
| 28 |
$46,921,990 |
$17,321,467 $1,360,738 |
$28,239,785 |
| 29 |
$49,268,340 |
$18,189,616 $1,428,782 |
$29,649,942 |
| 30 |
$51,731,590 |
$19,101,019 $1,500,216 |
$31,130,355 |
|
|